Kiribati vs Timor-Leste: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Kiribati
- Timor-Leste
How they compare
Kiribati currently reports -12.76 million current LCU against -59.55 million current LCU in Timor-Leste, a difference of 46.79 million current LCU.
The two have swapped places 1 time across 8 shared years of data; in 2014 it was Timor-Leste ahead.
Kiribati ranks 125th and Timor-Leste ranks 128th of 136 countries.
Across the 2 decades both report, Kiribati averaged higher in 1 and Timor-Leste in 1.
Head to head by decade
| Decade | Kiribati | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -3.01 million current LCU | 31.17 million current LCU | 34.18 million current LCU | Timor-Leste |
| 2020s | -2.20 million current LCU | -3.90 million current LCU | 1.69 million current LCU | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kiribati or Timor-Leste?
- Kiribati, at -12.76 million current LCU against -59.55 million current LCU in Timor-Leste as of 2023.
- What is the difference in net incurrence of liabilities, total between Kiribati and Timor-Leste?
- 46.79 million current LCU, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Timor-Leste?
- 8 years are reported by both, from 2014 to 2022.
- How do Kiribati and Timor-Leste rank globally for net incurrence of liabilities, total?
- Kiribati ranks 125th and Timor-Leste ranks 128th of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.